Oil & Gas

A key part of Star Energy's vision is to be the fastest growing energy company in Indonesia. To realize this, the Company will be aggressive in acquiring small to medium sized energy assets in proven producing areas with access to markets and infrastructure. A portfolio of exploration prospects with a balance of risks will be assembled to ensure Company’s growth through lower risk activities, while exposing the company to the possibility of discovering large fields through higher risk exploration plays.

Since its inception, Star Energy has been very successful in prosecuting this strategy and is currently producing and exploring for petroleum in a number of areas in the Indonesian archipelago.

In the Natuna Sea, Star Energy took over the operation of Kakap Block producing oil and exporting gas to Singapore.

At Sebatik, close to the Malaysian border in East Kalimantan, Star Energy signed a 30 years production Sharing Contract (PSC) to explore this highly prospective exploration area.

The Sekayu PSC in central southern Sumatra is also under exploration phase by Star Energy. In addition to its oil and conventional natural gas potential, the PSC contains significant coal measures. Star Energy is studying the commercial potential for coal seam methane development.